Innovative Industrial Properties, Inc.

NYSE IIPR

Innovative Industrial Properties, Inc. Price to Book Ratio (P/B) on January 14, 2025: 0.96

Innovative Industrial Properties, Inc. Price to Book Ratio (P/B) is 0.96 on January 14, 2025, a -28.50% change year over year. Price to book ratio compares the stock price to the book value per share; above 1 indicates market values company more than its book value.

Innovative Industrial Properties, Inc. 52-week high Price to Book Ratio (P/B) is 1.99 on September 23, 2024, which is 106.16% above the current Price to Book Ratio (P/B).
Innovative Industrial Properties, Inc. 52-week low Price to Book Ratio (P/B) is 0.92 on January 10, 2025, which is -4.36% below the current Price to Book Ratio (P/B).
Innovative Industrial Properties, Inc. average Price to Book Ratio (P/B) for the last 52 weeks is 1.56.

Key data

Date	Price to Book Ratio (P/B)	Dividend Yield	Free Cash Flow Yield	Price to Earnings Ratio (P/E)

NYSE: IIPR

Innovative Industrial Properties, Inc.

CEO	Mr. Paul E. Smithers
IPO Date	Dec. 1, 2016
Location	United States
Headquarters	1389 Center Drive
Employees	22
Sector	Real Estate
Industries Industrial REITs Diversified REITs Health Care REITs

Description

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

Key trends

Past 5 years